The New England Revolution are another step closer to building a stadium in the Inner Belt section of Somerville, Mass., according to an article in The Somerville News.
Somerville city officials announced last week that a new economic development study will include the impact of the proposed soccer-specific stadium to the economy of the area. This study was underwritten by the Kraft Group, owner-operators of the Revolution, at a cost of $200k, according to the article.
Bill Shelton, former president of the Mystic View Task Force - a grassroots group of citizens involved in the development of Assembly Square, said a soccer stadium in the area could boost tax revenue for the city - if developed the right way.
“The city's press release mentions the stadium almost as an afterthought, but the Krafts are paying for the study. The stadium could produce significant new tax revenue while burdening the neighborhood only a dozen or so times a year. That's good. Or the stadium could discourage future higher value development that could net the city more revenue than the stadium. That's bad. Whether it's good or bad will depend on the competence, honesty, and independence of those conducting the study, and the quality of the developer,” Bill Shelton, former president of a grassroots organization involved in development of the area, told the Somerville News.
News of a Sommerville home for the Revs surfaced last August, following Kraft Group's preliminary talks with city officials.
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